Level 10
Level 11

People in Business


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Recruitment
Attracting people to apply for a job vacancy
Part-time Workers
Working for a proportion of the full working week (e.g. 18 hours)
Full-time Workers
Working for the normal full working week (e.g. 37 hours)
Internal Recruitment
Appointing an existing employee of the business to fill a vacancy
External Recruitment
Appointing an employee of another business to fill a vacancy
CV (Curriculum Vitae)
An applicant's record of their skills, experience and qualifications
Wage
When an employee is paid a fixed amount for each hour or day they work
Salary
When a worker is paid a fixed amount per month or year, no matter what hours they work
Pension
Payments made to retired workers alongside state pension (Businesses are expected to offer their own pension schemes)
Non-monetary Rewards (Fringe Benefits)
Rewards to employees that do not involve the direct payment of money to them
Commission
When the employee gets a percentage of the amount they sell
Motivation
When someone works harder because they want to
Discrimination
Acting against someone for a reason they can't control
Employment rights
The rights of workers
Minimum Wage
The least that by law an employer can pay
Redundancy
When a person's job is no longer needed